Ann: Rocklands Feasibility Study, page-14

So my limited skim take away is !

If - they can dilute shareholders enough buy selling enough new stock to get $64m to complete the project and If they can sell all the by products in addition to copper and gold the project will show a total profit of $112m over 10 years and the Minshengs debt has to be repaid from that profit  unless they can sell even more shares to pay back Minsheng thus diluting the total 10 year dividend of $1.85 over  even more millions of shares on issue.

Disclaimer my quick thoughts I could be way wrong DYOR happy to hear all  alternate views.